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9 May, 19:02

Hard Rock Mining is a mineral mining company. The CEO of Hard Rock Mining died last month. The news led to a short-term decline in the company's stock price, but the price bounced back after the company announced its increased quarterly earnings. This is an example of:

a) An LLp/LLC

b) a partnership

c) a corporation

d) a proprietorship

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  1. 9 May, 22:40
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    c) a corporation

    Explanation:

    A corporation is a distinct and separate legal entity from its holders.

    Corporations possess the majority of individuals ' rights and responsibilities: they may enter into contracts, invest and borrow money, sue and prosecute, hire employees, own properties, and pay taxes.

    Others call it a "legal individual."
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